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U.S. Chamber Sues the Securities and Exchange Commission Over Stock Buyback Rule
May 13, 2023
WASHINGTON, May 13 (TNSgov) -- The U.S. Chamber of Commerce issued the following news release on May 12, 2023:

The U.S. Chamber of Commerce, the Texas Association of Business, and the Longview Chamber of Commerce filed a lawsuit in the U.S. Court of Appeals for the Fifth Circuit to stop the Securities and Exchange Commission (SEC) from implementing a rule that disincentivizes companies from using stock buybacks.

The Chamber's lawsuit challenges the SEC's rule under the . . .

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